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Credit is good I have an investment property that is paid in full should I refinance or get home equity loan.? |
I want to consolidate my credit card bills and use some of the cash for more property. If I were you, I would SELL the investment property, pay off the credit cards, and use any remaining cash to buy more property FREE AND CLEAR. ONLY If you have a specific use of the money that earns you more than You will need to weigh the closing cost and rate on a refinance VS the higher rate and shorter term on a HELOAN. Never take a home equity loan. You put that money on your house and something happens and you cant make the payments you lose your house. |
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| Fidelity Investment Fidelity Fund Exchange Traded Funds Equity Investment E-gold Ebullion Easy Money Easy Investing |
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Not really. For instance if you use $20,000 cash to buy land, you would Debit - Land Credit - Cash Does that make sense? ...No, it isn't. Matter of fact, if the brokerage you bought through knows you took out a loan in order to invest, they can be prosecuted and lose their license. Don't ask me what the mo... Required rate of return=r_f+(R-m-r_f)*b= 6.5+8.4*.95=14.48% ...... wait till you get some time in at this componey befor you invest in it cuse you may not want it as part of your potfolio or you may get downsize,d as i did with avied thermaloy $950 investement goi... You really cannot offer equity in a product. You can sell portions of a license; or create a subsidiary that handles the product and then offer shares in the subsidiary. If you do offer shares,... Legally, if you live in the U.S. more than 183 days during a calendar year, you are considered a U.S. resident for tax purposes. Your employment and citizenship are irrelevant. So the only thing ... Bad idea! ... |
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